Speaking of the BRI, Cambodia has greatly benefited from the cooperation with China under this framework, Sorasak said, adding that from physical infrastructure, connectivity development to trade and tourism, the BRI has brought about significant contributions to its economy.
The airport has received flight resumption plans from both Chinese and ROK airlines.
The United States should honor the principle of sovereign equality enshrined in the UN Charter, learn how to get along with different systems and civilizations and adapt itself to peaceful coexistence, and accept the reality that the world is moving toward multipolarity, said Wang.
Statistics show that China currently is Spain's largest trading partner outside the European Union (EU), while Spain is China's sixth largest trading partner within the EU bloc. Enditem
China will continue to pursue development and progress to meet the desire of its people and make new, even greater contributions to mankind, he said.
"If China were to mimic Trump's gambit -- alleging, without providing evidence, that some U.S. multinationals are potential national-security threats -- it could force them to sell their operations to 'very Chinese' buyers. Although the Chinese government has not yet done so, the risk has become higher now," said Wei, who served as chief economist of Asian Development Bank during 2014-2016.
Sorasak said the recent rising tendency in protectionism and unilateralism poses a severe hindrance to the global effort undertaken at the World Trade Organization (WTO) and beyond.
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
PHNOM PENH, Aug. 7 (Xinhua) -- The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia's Commerce Minister Pan Sorasak said in a recent interview with Chinese media.
The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.